I hope you all had a superb weekend. As you’ll be able to inform, I didn’t get eaten by a shark, although that’s as a result of my husband forgot to register for a seaside go. Subsequent time’s the attraction, Evan!!
On faucet for as we speak: cable information rogues flip to podcasting, pornographic content material on Spotify, and earnings previews (that final one is rather less spicy than the primary two).
Chris Cuomo and Keith Olbermann return from cable information exile with new podcasts
Why attempt to cause with cable information execs when you’ll be able to simply launch your personal podcast? Prior to now week, each Keith Olbermann and Chris Cuomo introduced new exhibits that can put them again within the limelight (perhaps).
Olbermann, who was fired from MSNBC in 2011 for donating to a couple Democratic campaigns (2010 scandals have been so quaint), is partnering with iHeartMedia for a day by day information present. Countdown with Keith Olbermann will cowl sports activities, politics, and whoever the worst individual on the planet is at that given second. Phrases of the deal weren’t disclosed, however Olbermann told The Wall Street Journal that the funds for his present is “extraordinarily enormous.” That tracks!
Cuomo, in the meantime, goes solo. And he actually desires you to realize it. Cuomo was fired from CNN final 12 months after serving to his brother, former New York Governor Andrew Cuomo, navigate the sexual harassment allegations towards him. Now he’s a #FreeAgent and urges listeners of his newly launched present, The Chris Cuomo Mission, to think about themselves in these phrases. “A free agent to me is somebody who is just not tied to any get together, group, or tribe; you’re not burdened by any affiliation, agenda, or dogma,” he said in his first episode. He doesn’t want CNN anymore, although he would very much like $125 million in cash, please.
Olbermann’s present will launch on August 1st. Cuomo’s present launched its first episode final week and is ranked forty second on Apple’s high podcast chart. It’s, nevertheless, no match for Back to the Beach with Kristin and Stephen, which has in some way managed to high even Rogan. Cable by no means died — it simply began a podcast.
Earnings preview: Spotify and SiriusXM
It’s that point once more, when Wall Road loses its shit, and I’ve to get up for Spotify’s investor name. I hate waking up early, however I really like a 10Q, so it mainly evens out.
When Spotify drops tomorrow, buyers and analysts are going to be searching for premium subscription numbers and revenue margins. Wells Fargo analyst Steven Cahall wrote in a be aware to buyers that he expects Spotify so as to add a wholesome 5 million paid subscribers (final quarter, it added 2 million). Cahall barely lowered his estimate for Spotify’s revenue margin from 26.2 p.c to 25.6 p.c. Spotify’s margins have lagged behind what analysts would love in part because of its $1 billion worth of investments in podcasting tech and expertise. Podcasting is just not but worthwhile for Spotify (and positively gained’t be in tomorrow’s earnings), however the firm is betting that long run, it can produce higher margins than music. One vibrant spot that Cahall mentions, although, is that Spotify is much less prone to be affected by the cratering digital advert enterprise that despatched Snap and Twitter tumbling last week.
SiriusXM will drop Thursday afternoon, and which may be somewhat rougher. The flagship service may undergo much more subscription losses as a result of the automotive market is so tight (fewer new automobiles offered means fewer new SiriusXM subs). Pandora, Cahall notes, will probably be affected by the weak advert market. I’m personally going to be looking out for a point out of the mounting comic lawsuits towards Pandora. Lewis Black, Andrew Dice Clay, and others are suing for greater than $70 million for copyright infringement.
Fb provides you with advert income for placing Submit Malone’s music in your movies
Meta launched a brand new characteristic on Monday that permits creators to monetize Fb movies that characteristic music from main artists like Submit Malone and Tove Lo. By incentivizing creators to remain inside the authorized bounds of music use on its platforms, Meta might be able to reassure the music business that it takes copyright infringement significantly. I wrote all about it yesterday.
Porn on Spotify
As Spotify ramps up its content material moderation protocol, the corporate has its work reduce out. Motherboard reports that customers have been posting podcasts to the platform with sexually express content material and album artwork. After Motherboard flagged it for Spotify, the corporate took the exhibits down and reiterated that content material that breaks the foundations shall be eliminated.
As a result of Spotify bans sexually explicit content, among the porn Motherboard discovered was hiding below nonsense titles composed of durations and commas as an alternative of key phrases in order to not get caught by any of Spotify’s moderation instruments. Motherboard additionally discovered that a lot of the audio porn is from podcasts that have been began and deserted years in the past. Appears like a job for the Spotify Advisory Council!
That’s all I obtained. See you subsequent week!